Managed Accounts Holdings Limited to partner with advisory firms in acquiring businesses

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Listed managed discretionary account operator, Managed Accounts Holdings Limited (MGP) has announced plans to partner with advisory firms to acquire quality advice or portfolio management businesses. MGP has established a wholly-owned subsidiary, Planner Holdings Limited (PHL) which will be funded with up to $5 million from MGP’s current cash current reserves to provide expansion capital […]

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New deals to lift MGP FUA to over $2bn

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Listed managed discretionary account operator, Managed Account Holdings Limited (MGP) will build and implement customised managed account solutions for two of Australia’s leading boutique financial advisory firms that will in turn lift the group’s total funds under administration (FUA) above $2 billion. The two boutique licensees, which collectively manage around $500 million, plan to migrate […]

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Record inflows continue for managed account provider managedaccounts.com.au

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Listed managed discretionary account specialist, Managed Accounts Holdings Limited (ASX: MGP) has continued its trend of record inflows for the December quarter driven by continued support from its independent advisory firm client base. MGP, which currently provides customised managed account services to over 25 Australian Financial Services Licence holders, announced record net inflows of $107 […]

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Record inflows continue for managed account provider managedaccounts.com.au

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Listed managed discretionary account specialist, Managed Accounts Holdings Limited has continued its trend of record inflows for the December quarter driven by continued support from its independent advisory firm client base. MGP, which currently provides customised managed account services to over 25 Australian Financial Services Licence holders, announced record net inflows of $107 million for […]

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MGP beefs up sales team, records bumper inflows

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Leading managed account provider managedaccounts.com.au, a subsidiary of listed company Managed Accounts Holdings Limited , has bolstered its sales and relationship management team in response to growing demand for its managed discretionary account service. Former financial planner Doug Kirkman has joined managedaccounts.com.au after eight years as principal of Melbourne-based advisory firm, Cameron Walshe Financial Planning. […]

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Award-wining licensee joins managed account movement

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Melbourne-based advisory firm Moran Howlett Financial Planning has become the latest boutique to launch a managed discretionary account (MDA) solution, which will ultimately see it phase out traditional wrap platforms and clunky SMSF administration software. The firm, which has approximately 350 clients and $160 million in assets under advice, has signed a deal to integrate […]

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Leading advisory firms launch new MDA solution

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Specialist managed discretionary account operator, managedaccounts.com.au will soar past the $1 billion in assets under administration mark after launching services with two of Australia’s largest boutique financial advisory firms. Sydney-based Affinity Wealth Services and Melbourne-based Redgum Wealth Group have both integrated the managedaccounts.com.au MDA solution into their businesses. Affinity Wealth Services, which spun out of AMP-owned dealer Hillross in 2009, […]

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